Danish Stock Performance

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DAC -- Denmark Stock  

DKK 5.70  0.16  2.73%

On a scale of 0 to 100, Danish Aerospace holds a performance score of 3. The firm shows a Beta (market volatility) of 0.0762, which means not very significant fluctuations relative to the market. Let's try to break down what Danish's beta means in this case. As returns on the market increase, Danish Aerospace returns are expected to increase less than the market. However, during the bear market, the loss on holding Danish Aerospace will be expected to be smaller as well. Although it is extremely important to respect Danish Aerospace historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards predicting future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By reviewing Danish Aerospace technical indicators, you can presently evaluate if the expected return of 0.2% will be sustainable into the future. Please utilizes Danish Aerospace standard deviation, information ratio, treynor ratio, as well as the relationship between the variance and jensen alpha to make a quick decision on whether Danish Aerospace price patterns will revert.

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Danish Aerospace Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in Danish Aerospace are ranked lower than 3 (%) of all global equities and portfolios over the last 30 days. Although quite weak forward indicators, Danish Aerospace may actually be approaching a critical reversion point that can send shares even higher in August 2020.
Quick Ratio7.59
Fifty Two Week Low4.02
Fifty Two Week High6.54

Danish Aerospace Relative Risk vs. Return Landscape

If you would invest  530.00  in Danish Aerospace on June 12, 2020 and sell it today you would earn a total of  40.00  from holding Danish Aerospace or generate 7.55% return on investment over 30 days. Danish Aerospace is generating 0.1968% of daily returns assuming 3.956% volatility of returns over the 30 days investment horizon. Simply put, 34% of all equities have less volatile historical return distribution than Danish Aerospace and 97% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming the 30 trading days horizon, Danish Aerospace is expected to generate 2.18 times more return on investment than the market. However, the company is 2.18 times more volatile than its market benchmark. It trades about 0.05 of its potential returns per unit of risk. The DOW is currently generating roughly 0.1 per unit of risk.

Danish Aerospace Market Risk Analysis

Sharpe Ratio = 0.0497
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Danish Aerospace Stock Performance Indicators

Estimated Market Risk
 3.96
  actual daily
 
 34 %
of total potential
 
3434
Expected Return
 0.2
  actual daily
 
 3 %
of total potential
 
33
Risk-Adjusted Return
 0.05
  actual daily
 
 3 %
of total potential
 
33
Based on monthly moving average Danish Aerospace is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Danish Aerospace by adding it to a well-diversified portfolio.

About Danish Aerospace Performance

To evaluate Danish Aerospace Stock as a possible investment, you need to clearly understand its upside, downside potential, and overall future performance outlook. You may be satisfied when Danish Aerospace generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Danish's stock performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Danish Aerospace stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Danish's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section. Please also refer to our technical analysis and fundamental analysis pages.
Danish Aerospace Company AS designs, develops, and manufactures medical monitoring and exercise equipment worldwide. Danish Aerospace Company AS was founded in 1988 and is based in Odense, Denmark. Danish Aerospace is traded on Copenhagen Stock Exchange in Denmark.

Danish Aerospace Alerts

Equity Alerts and Improvement Suggestions

Danish Aerospace has very high historical volatility over the last 30 days
Danish Aerospace has high likelihood to experience some financial distress in the next 2 years
The company has accumulated about 5.58 M in cash with (1.96 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.51.
Continue to Investing Opportunities. Please also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page